Greenleaf Avenue Foundation

SHAKER HEIGHTS, OH EIN: 26-3374585

Greenleaf Avenue Foundation is a private independent foundation based in Shaker Heights, Ohio. The organization was designated as tax-exempt in January 2011 and holds 501(c)(3) status, making donations to the foundation tax-deductible.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$293K

-41.6% YoY

Annual Giving

$286K

+1.9% YoY

Grant Count

+66.7% YoY

Avg Grant Size

$57K

-38.9% YoY

Under IRS private-foundation payout rules, Greenleaf Avenue Foundation reported a distributable amount of $21K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Illinois $1.2M (45%)

Ohio $1.0M (39%)

New York $423K (16%)

Maine $5K (0%)

District of Columbia $5K (0%)

Massachusetts $1K (0%)

Rhode Island $1K (0%)

California $660 (0%)

+6 more states

States

Alabama Arkansas California Connecticut District of Columbia Illinois Massachusetts Maine North Carolina New York Ohio Rhode Island Virginia Wisconsin

Cities

ArlingtonBostonBridgtonBrooklynCambridgeCascoChicagoClevelandDurhamEvanstonFairfieldGlencoeLewistonLittle RockMadisonMontgomeryNew YorkNorth RiversideNorwayPepper Pike

Financial History

Multi-year comparison from IRS filings

Based on the most recent available data:

Total Assets: $293,000 (2024)
Total Revenue: $78,100 (2024)
Total Expenses: $287,000 (2024)
Total Liabilities: $0 (2024)

The foundation maintains a modest asset base and has been active in grantmaking relative to its size.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$292,590	$500,993	$735,297
Revenue	$78,109	$50,235	$147,855
Expenses	$286,512	$284,539	$304,134
Qualifying Distributions	$286,484	$281,204	$299,894
Net Investment Income	$54,362	$49,560	$145,950
Distributable Amount	$21,143	$35,096	$47,364

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

69 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Jewish Federation of Cleveland ($197,500), Open Books Ltd ($62,500), The Ratner School ($18,750).

Recipient	Purpose	Amount
JEWISH FEDERATION OF CLEVELAND CLEVELAND, OH	CAMPAIGN FOR JEWISH NEEDS	$197,500
OPEN BOOKS LTD CHICAGO, IL	ANNUAL FUND	$62,500
SHAKER SCHOOLS FOUNDATION SHAKER HEIGHTS, OH	ANNUAL FUND	$2,500
THE RATNER SCHOOL PEPPER PIKE, OH	ANNUAL FUND	$18,750
THE RATNER SCHOOL PEPPER PIKE, OH	ANNUAL FUND	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DANIEL E RATNER	SECRETARY	1	—
STACY RATNER	VICE PRESIDENT	1	—
NANCY RATNER	PRESIDENT	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What size grants does Greenleaf Avenue Foundation award?

In 2024, Greenleaf Avenue Foundation awarded 5 grants totaling $286K — an average of about $57K per grant, based on its IRS Form 990 filings.

How much is Greenleaf Avenue Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Greenleaf Avenue Foundation reported a distributable amount of $21K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.